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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

3071 Cole Hill Rd Hubbardsville, NY 13355

4 Beds 3 Baths 3,452 sqft Built 1880
Last updated:  Nov 28, 2019

INVESTimate

$332,133

$297K - $367K

Price Est.

$2,461

$1.5K - $3.5K

Rent Est.

$339,141  ( +2.11%)   1 YR EST. FORECAST
  
  
  

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3071 Cole Hill Rd PROPERTY INFO

FACTS
  • Built In 1880
  • Price/Sqft : $96.21
CONSTRUCTION
  • Beds : 4
  • Floor Size : 3,452 sqft
  • Baths : 3 Full

3071 Cole Hill Rd SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
BROOKFIELD CENTRAL SCHOOL Primary Regular 249 20 5
BROOKFIELD CENTRAL SCHOOL Middle Regular 249 20 5
BROOKFIELD CENTRAL SCHOOL High Regular 249 20 5

BROOKFIELD CENTRAL SCHOOL

  • Education Level: Primary
  • # of students: 249
  • # of teachers: 20
5
GreatSchools Rating

BROOKFIELD CENTRAL SCHOOL

  • Education Level: Middle
  • # of students: 249
  • # of teachers: 20
5
GreatSchools Rating

BROOKFIELD CENTRAL SCHOOL

  • Education Level: High
  • # of students: 249
  • # of teachers: 20
5
GreatSchools Rating
 

Financial Details

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Neighborhood

HUBBARDSVILLE

  • 849

    POPULATION
  • 291

    HOUSEHOLDS
  • 57.6%

    WHITE COLLAR

Neighborhood : HUBBARDSVILLE

HOUSEHOLDS
291
POPULATION

849

18.4%Renters
81.6%Home Owners
LABOR FORCE

 

57.6%White Collar
42.4%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,461 per month.

MY RENT : $2,461 MEDIAN RENT : $1,532

Rent % Distribution LEVEL
$500-699 0.0%
$700-899 0.0%
$900-999 0.7%
$1,000-1,499 44.7%
>=$1,500 54.7%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $2,461 would therefore be considered affordable for annual household incomes greater than $98,440 (12 months x 3.333 x $2,461).

Rent % Affordability
Above $500 90.1%
Above $700 77.1%
Above $1,100 57.6%
Above $1,500 47.6%
Above $1,900 39.1%
HOUSEHOLD INCOME RANGE

Approximately 71 of households in this neighborhood have a total annual income of $98,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,461 per month.

MINIMUM INCOME RANGE : $98,440

Income % Distribution
<$20K 9.9%
$20K-$35K 22.6%
$35K-$60K 19.9%
$60K-$100K 23.6%
>=$100K 24.0%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 39% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.0%
5-9 mins 11.1%
10-14 mins 22.4%
15-19 mins 9.7%
20-29 mins 17.6%
30-44 mins 20.5%
45-59 mins 8.0%
>60 mins 4.8%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 55% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $2,461 per month.

MY RENT : $2,461 MEDIAN RENT : $1,532

Rent % Distribution
$500-699 0.0%
$700-899 0.0%
$900-999 0.7%
$1,000-1,499 44.7%
>=$1,500 54.7%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $2,461 would therefore be considered affordable for annual household incomes greater than $98,440 (12 months x 3.333 x $2,461).

Rent % Affordability
Above $500 90.1%
Above $700 77.1%
Above $1,100 57.6%
Above $1,500 47.6%
Above $1,900 39.1%
HOUSEHOLD INCOME RANGE

Approximately 71 of households in this neighborhood have a total annual income of $98,440 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $2,461 per month.

MINIMUM INCOME RANGE : $98,440

Income % Distribution
<$20K 9.9%
$20K-$35K 22.6%
$35K-$60K 19.9%
$60K-$100K 23.6%
>=$100K 24.0%
COMMUTE TIME DISTRIBUTION

48% of the working population has a commute time of 15 to 44 minutes, 39% has a commute time of 14 minutes or less and 13% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.0%
5-9 mins 11.1%
10-14 mins 22.4%
15-19 mins 9.7%
20-29 mins 17.6%
30-44 mins 20.5%
45-59 mins 8.0%
>60 mins 4.8%

HUBBARDSVILLE Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 8.4%
Educational Services 22.1%
Financial Industries 7.9%
Health Care & Social Assistance 12.7%
Manufacturing 8.4%
Retail & Wholesale Trader 10.9%
Other 29.7%
AGE DISTRIBUTION

52% of the population is between the ages of 25 and 64, 30% is 24 or younger and 18% is 65 or older.

Age % Distribution
<15 15.4%
15-19 7.4%
20-24 7.3%
25-44 22.0%
45-65 30.3%
66+ 17.6%
OCCUPATION

Occupation % Distribution
Construction 11.0%
Healthcare 12.0%
Management, Business, & Financial 12.4%
Natural Resources Maintenance 14.1%
Production & Transportation 9.9%
Sales & Office 19.4%
Other 21.2%
HIGHEST EDUCATION LEVEL

30% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 10.8%
High School 30.6%
Masters Degree 10.1%
Some College 12.1%
Some High School 7.0%
Other 29.4%

3071 Cole Hill Rd Comps

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3071 Cole Hill Rd, Hubbardsville, NY 13355 is a single family home of 3,452 sqft. HomeUnion INVESTimateĀ® for 3071 Cole Hill Rd includes a Price Estimate of $332,133 and a Rent Estimate of $2,461. This single family home has 4 bedrooms,3 bathrooms, and was built in 1880. This property has an estimated 15 year annualized Yield of 8.89% and Total Return of 18.70%. The estimated 1 year forecast in home value for 3071 Cole Hill Rd is 2.11%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in NY , MADISON County , or the 13355 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2

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Nearest zipcodes within 2 miles

  1. 13346
  2. 13418
  3. 13480